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Topic: Question: Why do ICO projects need so much money? (Read 216 times)

newbie
Activity: 112
Merit: 0
I'll agree that there are a lot of scammers who are just trying to collect a round amount and disappear . This is a huge problem . I hope that its to decide . it is possible to introduce a restriction and criminal liability, then they will become smaller )
full member
Activity: 602
Merit: 100
In most cases, these projects do not need so many means, because so many people do not understand how much money they really need, I believe that this issue requires a global consideration.
member
Activity: 476
Merit: 10
Student Coin
First of all ,if they want to succeed ,they need big fund to support their project, they need to prove that their project has a good and high quality, and if the investor notify what they are doing ,the may attract to their project and this is the start for being successful project.
newbie
Activity: 66
Merit: 0
Most likely, because the developers of the ICO project do not exactly know what costs they may face and raise funds for the development of the project with a small margin for several years ahead.
hero member
Activity: 728
Merit: 500
The budget of whatever programme be adapted severally any, reckoning on the object and objectives of the project.
newbie
Activity: 140
Merit: 0
member
Activity: 1022
Merit: 69
any more opinions?

I believe that nowadays there are not enough projects at all for the development of the product. Most of the projects are empty, aimed at further speculation in the market. They collect as much money as people are willing to pay, because everyone understands that if HARDCAP does not collect the price of the stock exchanges it will fall dramatically!

Just tell me now why they grow like mushrooms after the rain? And isn't he doing anything about it?
How will it go next this forum will be if it is no longer a friendly nest for fraudsters?
We live in a global world why not an administrator can take adequate measures to identify these fraudsters.

And believe me, there are tools for that. And no other "trick" can help. And I don't mean outdated tools like vpn , proxy, tor . no no
legendary
Activity: 2212
Merit: 1041

There are just lots of investors in crypto that it adds up to more than $5M, when it reaches that amount I think the team can guarantee the profit but will only needs time. Some of the money they got are used to buy back the tokens they also released during the ICO to satisfy the investors but this is for the legit team. The problem is some of these ICO team knew how to make people believe the project while they are actually scam.
copper member
Activity: 224
Merit: 30
[REP] Augur
Projects need money for marketing, listing on exchanges, staff salaries, rent of premises, business trips.
full member
Activity: 476
Merit: 100
because I see most of these projects start from scratch and of course they need enough capital to be able to run their roadmap perfectly, but unfortunately many altcoin are scam
full member
Activity: 299
Merit: 100
Because they are defraud peridot, whether individual plan give in the expenditure of ballyhoo and dabs to better as lot as it can it is a defraud project.
member
Activity: 294
Merit: 26
This post should be merited, especially for the newbies who wanted to know why most of the ICO projects need a big amount of money, it is quite useful for them.

Thanks

Any project to spend a lot of money to create a beautiful product, marketing and advisors.

Without this, it is difficult to collect the required amount to create a working product

The minimum work product is created by two developers within two months, after which it is tested. If the test is successful, invest further. If the project failed on the tests, in the garbage it. To find this out, $150 000 is enough. This is normal practice.
member
Activity: 322
Merit: 11
Any project to spend a lot of money to create a beautiful product, marketing and advisors.

Without this, it is difficult to collect the required amount to create a working product
full member
Activity: 462
Merit: 101
This post should be merited, especially for the newbies who wanted to know why most of the ICO projects need a big amount of money, it is quite useful for them.
member
Activity: 294
Merit: 26
sr. member
Activity: 602
Merit: 254
🔰FERRUM NETWORK🔰
any more opinions?

I believe that nowadays there are not enough projects at all for the development of the product. Most of the projects are empty, aimed at further speculation in the market. They collect as much money as people are willing to pay, because everyone understands that if HARDCAP does not collect the price of the stock exchanges it will fall dramatically!
jr. member
Activity: 150
Merit: 2
Most projects that requires fund raising are projects that goes out to be a big investments like the way cooperation organize their activities. Hence a huge amount of money is needed for various services like legal, marketing, team, and others which demands a huge amount of capital outlay.
member
Activity: 294
Merit: 26
any more opinions?
member
Activity: 294
Merit: 26
Because besides of believing that i will gain money,i also believes in technology behind every projects and this is the reason why we are trusting where we investing.
And why ico needs lots of money?because theres lot of investors and they need to compensate from their investments so they need biggermoney

This is not effective. The team provides a good life, the project goes into the background. It is more effective to invest in stages, is not it?!
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Because besides of believing that i will gain money,i also believes in technology behind every projects and this is the reason why we are trusting where we investing.
And why ico needs lots of money?because theres lot of investors and they need to compensate from their investments so they need biggermoney
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